Pending

$324,900

2 Ocean Ave APT 1M, Gloucester, MA 01930

1beds

765sqft

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Condominium

Built in 2003

-- sqft lot

$322,100 Zestimate^®

$425/sqft

$320/mo HOA

What's special

Turnkey unitPrivate exclusive-use outdoor patio

This freshly painted unit is move-in ready with no stairs and single-level living — ideal for buyers seeking an effortless, low-maintenance lifestyle steps from the water. A private, exclusive-use outdoor patio extends your living space into the fresh salt air, perfect for morning coffee or an evening glass of wine with the ocean breeze. Two iconic Cape Ann beaches and Magnolia Village — with its shops, casual dining, and year-round charm — is practically in your backyard. Ocean breezes roll through the neighborhood in the warmer months, making outdoor living a daily ritual rather than a weekend trip. Bike-friendly streets connect you to the shoreline, the village, and the quiet, tree-lined roads that define this corner of Cape Ann. Whether you're arriving for summer or staying year-round, this Magnolia condo delivers the coastal lifestyle without the stairs, the projects, or the wait. Ready for occupancy now — just in time for the season. Gloucester, MA.

84 days

520

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Flooring - Wall to Wall Carpet
Level: First
Area: 154
Dimensions: 14 x 11

Bathroom 1

Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Level: First
Area: 30
Dimensions: 6 x 5

Kitchen

Features: Flooring - Vinyl
Level: First
Area: 126
Dimensions: 14 x 9

Living room

Features: Flooring - Wall to Wall Carpet, Slider
Level: First
Area: 260
Dimensions: 20 x 13

Heating

Electric

Cooling

Wall Unit(s)

Features

Flooring: Vinyl, Carpet
Has basement: No
Has fireplace: No

Interior area

Total structure area: 765
Total interior livable area: 765 sqft
Finished area above ground: 765

Property

Parking

Total spaces: 1
Parking features: Off Street, Assigned, Paved
Uncovered spaces: 1

Features

Entry location: Unit Placement(Ground,Walkout)
Patio & porch: Patio
Exterior features: Patio
Waterfront features: Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Private, Public)

Details

Parcel number: 1901952
Zoning: VB

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Roof: Rubber

Condition

Year built: 2003

Utilities & green energy

Sewer: Private Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven

Community & HOA

Community

Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station

HOA

Amenities included: Laundry
Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA fee: $320 monthly

Location

Region: Gloucester

Financial & listing details

Price per square foot: $425/sqft
Tax assessed value: $262,200
Annual tax amount: $2,549
Date on market: 4/13/2026

Estimated market value

$322,100

$306,000 - $338,000

$2,359/mo

Price history

Date	Event	Price
6/19/2026	Pending sale	$324,900$425/sqft
Source: MLS PIN #73495153 Report a problem
6/2/2026	Listed for sale	$324,900$425/sqft
Source: MLS PIN #73495153 Report a problem
5/26/2026	Listing removed	$324,900$425/sqft
Source: MLS PIN #73495153 Report a problem
5/11/2026	Price change	$324,900-4.4%$425/sqft
Source: MLS PIN #73495153 Report a problem
4/16/2026	Price change	$339,900-1.5%$444/sqft
Source: MLS PIN #73495153 Report a problem
4/2/2026	Listed for sale	$345,000+60.5%$451/sqft
Source: MLS PIN #73495153 Report a problem
6/30/2020	Sold	$215,000$281/sqft
Source: Public Record Report a problem
5/11/2020	Pending sale	$215,000$281/sqft
Source: Integrity Residential Brokerage LLC #72635963 Report a problem
3/19/2020	Listed for sale	$215,000+15.6%$281/sqft
Source: Integrity Residential Brokerage LLC #72635963 Report a problem
6/15/2004	Sold	$186,000+86%$243/sqft
Source: Public Record Report a problem
5/31/1990	Sold	$100,000$131/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,390	$245,600
2024	$2,390 +4.3%	$245,600 +13.5%
2023	$2,292	$216,400
2022	$2,292 -2.2%	$216,400 +14.9%
2021	$2,344 +0.9%	$188,400
2020	$2,323 +0.2%	$188,400 +3.1%
2019	$2,318 +6%	$182,700 +8%
2018	$2,186 +14%	$169,100 +16.3%
2017	$1,918 +3.2%	$145,400 +6.5%
2016	$1,858 +4%	$136,500 +4.3%
2015	$1,787 +4%	$130,900 -1.1%
2014	$1,719 +2.1%	$132,400 -0.7%
2013	$1,684 +4.9%	$133,400 +1.2%
2012	$1,605 -1.2%	$131,800 -8.3%
2011	$1,625 -12.6%	$143,700 -18.9%
2010	$1,859 +1.5%	$177,200 -7.1%
2009	$1,831 +12.1%	$190,700 +6.2%
2008	$1,633 -11.9%	$179,500 -16.6%
2007	$1,853	$215,200

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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